Large National Network of Ambulatory Surgical Centers Doubles Order of STREAMWAY Systems
This national organization that will be continuing to install the Company's technology creates physician-owned and operated ASCs in partnership with local surgeons and currently has more than 150 centers throughout the U.S.
"We are closing out Q2 and heading into Q3 at a clip. The STREAMWAY System technology received rave reviews from the ASCs that the devices were installed in, prompting this national network to double their order in mere months," said
Kornberg continued, "The orders from this organization to install a total of almost four dozen STREAMWAY System units are in line with the rapid growth we've been experiencing, and expect to continue, in the ambulatory surgery network and beyond. Our partner organization's decision to expand use of the STREAMWAY System confirms that there is a real need for this technology in hospitals and surgical centers, and our system is not only proven to work but is scalable."
Skyline Medical received the order for the first set of STREAMWAY systems in ASCs this Spring. The partner organization plans to open about two dozen new centers during the next 18 to 24 months and expects rapid growth to follow soon after. The new contract indicates that the STREAMWAY System is the partner organization's preferred fluid management system for their new centers.
"We made the recommendation that this national group implement the STREAMWAY System because, after analyzing several options on the market, it was apparent that this System met all requirements to function safely and ultimately save the organization a great deal of money," said
The new contracts will be executed throughout
For more information about the STREAMWAY System, visit: www.skylinemedical.com.
Skyline Medical's STREAMWAY System is eco-friendly as it contributes to cleaning up the environment. Currently, approximately 50 million bloody, potentially disease infected canisters go to landfills annually in the
Certain of the matters discussed in this announcement contain forward-looking statements that involve material risks to and uncertainties in the company's business that may cause actual results to differ materially from those anticipated by the statements made herein. Such risks and uncertainties include, among other things, inability to raise sufficient additional capital to operate our business; unexpected costs and operating deficits, and lower than expected sales and revenues, if any; adverse economic conditions; adverse results of any legal proceedings; the volatility of our operating results and financial condition; inability to attract or retain qualified senior management personnel, including sales and marketing personnel; our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the
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